“Would You Like A Price Increase With That Hamburger?”

“Would You Like A Price Increase With That Hamburger?”

The Biz Bucks Guy believes everyone should understand the basic Supply and Demand Model from micro-economics. One example of its use leads to an understanding of the effects of minimum wage laws and price controls, in general. In Part A, let’s look at the model itself...
The Man Who Saved Capitalism!

The Man Who Saved Capitalism!

Today, Tuesday, July 31, 2012 is Milton Friedman’s 100th birthday. Dr. Friedman, who died in 2006 at age 94, was the first and arguably the premier macroeconomist in favor of free enterprise. He was (and still is) one of the most influential figures in American...